ALFA Finder| Revenue growth | 29% YoY growth in Q4 FY26; 15% growth for full year. |
|---|---|
| Margins | ICE EBITDA margin at 17%; overall margin improved 30bps to 14.7%. |
| Order book | Channel stock reduced over the year; entering FY27 with healthy levels. |
| Demand visibility | Strong momentum continuing from H2 FY26 into start of FY27. |
| Management confidence | High; world's largest 2-wheeler manufacturer for 25 consecutive years. |
Growth
FY26 revenue reached ₹46,830cr (+15% YoY) with highest-ever EBITDA of ₹6,871cr (+17% YoY).
Outlook
Guidance of 14-16% margins; ₹1,500cr FY27 capex planned for scooter/EV capacity expansion and parts center.
Risks
Commodity headwinds (aluminum, steel) and wage inflation began impacting margins in March 2026.
Earnings Call filed with BSE, NSE: HEROMOTOCO. Summary written with AI assistance from the document.
Hero MotoCorp Ltd: key numbers
- Share price
- ₹5,352.00
- Market cap
- ₹1,07,127 Cr
- Revenue (annual)
- ₹47,411 Cr
- Net profit (annual)
- ₹5,742 Cr
- P/E (TTM)
- 17.9×Sector 32.5×
- Promoter holding
- 34.72%-0.01% QoQ
- FII holding
- 32.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hero MotoCorp Ltd
All →Hero MotoCorp Product Launch
Hero MotoCorp unveiled new motorcycles at EICMA 2026 and started VIDA customer deliveries across Europe. The company also introduced Novus Labs, its future-mobility innovation hub.
Hero MotoCorp Merger & Restructuring
Hero MotoCorp incorporated a wholly-owned CSR subsidiary under Section 8 of the Companies Act on October 29, 2026. The entity 'Hero MotoCorp Foundation' will undertake CSR initiatives.
Hero MotoCorp Business Update
Hero MotoCorp updated its code of practices for fair disclosure of unpublished price-sensitive information, effective 28 October 2026. The revised code governs disclosure, spokespersons and analyst interactions.
Hero MotoCorp Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹14,687 Cr (+21% YoY), PAT ₹1,456 Cr (+5%), EBITDA margin 13.4%. Growth driven by volume, mix and pricing; scooter and EV momentum continues.
Hero MotoCorp Capital Structure Change
Hero MotoCorp's board approved up to ₹300 Crore additional investment in wholly-owned subsidiary HMCL Netherlands B.V., in tranches over two years. Quarterly results were also approved.
- Value
- ₹300.0 Cr
- Execution
- 2 years, in one or more tranches
Hero MotoCorp Financial Results
Hero MotoCorp reported Q2 FY'27 consolidated revenue of Rs 14,971 Crore and PAT of Rs 1,861 Crore. It also approved up to Rs 300 Crore additional investment in a subsidiary.